mturn017
ODU Homer
Posts: 16,801
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I Root For: Old Dominion
Location: Roanoke, VA
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RE: Sunday A/V Club - 12/23/17 - Chris Edwards on GOP tax reform
(12-20-2017 02:33 PM)georgia_tech_swagger Wrote: Policy Analysis: 80% of people will receive a tax cut.
https://townhall.com/tipsheet/guybenson/...s-n2424201
This article states that they've been saying for "weeks" that the bill will "slash taxes for the vast majority of Americans" when the finalized bill has been out for days. Under the original House plan many middle income filers would have seen their taxes increase, enough tweaks were made to make many filers (such as myself) go from a tax increase of less than $1,000 to a tax decrease of less than $1,000 (an increase in the CTC and slightly lower brackets). So it's a lot more politically palatable now and proponents have a lot better statistics to spin (as illustrated in this article). Personally, for my situation I saw it as a push before and it's still a push. Don't get me wrong I'll take an extra $800 but selling this as a middle-class tax cut is just not being honest.
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12-20-2017 03:03 PM |
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